Indian seafood exporters to benefit as US lifts CVD on shrimp

News 10:56 13/09/2014 496
The US is the largest importer of Indian seafood in value terms because a major chunk of imports by the US is high- value items such as shrimp. However, India’s seafood export there was hit badly after the US imposed a 10.17 per cent antidumping duty in 2005.

The number of Indian exporters to the US declined drastically from 280 in 2005 to 68 in 2009. Since 2010, though, exports to the US have been picking up after Washington slashed the duty to 3.49 per cent. The US imported 92,447 tonnes of marine products, valued at  4,027 crore, from India during 2012- 13 against 68,354 tonnes (₹ 2,978 crore) in 2011- 12. There has been a 35 per cent rise in both volume and value of exports in FY13.Exporters have always held CVD as a serious threat.

The USITC’s latest decision to withdraw CVD is a welcome step, said leading Kochi- based exporters.A J Tharakan, president, Seafood Exporters Association of India ( SEAI), told BusinessStandard this was a major victory. 

If CVD continues, India cannot compete with other south- east Asian countries such as Thailand in the US market and Indiais now in an advantageous position to compete with leading shrimp exporting countries, he added. Already, the US imposes 3- 4.5 per cent duties under various heads. 

“ A high rate of CVD will seriously affect our exports to the US.Also, if they ( US government) decide to execute bonds for exports, it will further weaken our position,” said an exporter. Indonesia and Thailand were expected to benefit because there was zero duty for them in the final duty determination of the US department of commerce ( DOC). 

However, there was large- scale loss in production due to early mortality syndrome ( EMS) in Thailand and Indonesia. Therefore, these countries had to import from India to meet their commitments in the US market, said Anwar Hashim, former president of SEAI. With the CVD vanishing, India can compete with other major producing countries on price, said a leading exporter. 

“ Fortunately, EMS is not present in aquaculture farms in India and production is in full swing . So, the USITC decision will be advantageous to India,” he added. Due to CVD ( 5.85 per cent) and the present level of antidumping duty ( 3.49 per cent),India’s shrimp exports to the US would have been costlier than any of its closest competitors.

Moreover, if CVD was imposed, it would have helped Thailand and Indonesia to dominate the US shrimp market and market access for Indian shrimp would have been affected.Leena Nair, chairman of Marine In May, DOC had determined a and reduced the duty to In August, Washington raised Indonesia, the No 1 and No 3 suppliers of shrimp to the US, de- minimis duty.

China got 18.61 per cent, Malaysia 54.5 per cent and Vietnam 4.52 per cent duty in the final determination. China’s was 5.76 per cent. Thailand, though, had a sigh of relief as it had 2.09 per cent duty in the preliminary determination. ForVietnam, it was 6.07 per cent in May. Malaysia’s duty had been reduced from the earlier 62.74 per cent.All the seven countries together export 70 per cent of the total shrimp imports to the US

But with Thailand and Indonesia excluded, the countervailing duties practically applied only to 40 per cent of the US imports, leaving 60 per cent of imports untouched. According exporters, this takes away the rationale of providing protection from injury for the domestic producers.

Bạn đang đọc bài viết Indian seafood exporters to benefit as US lifts CVD on shrimp tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Da Nang city takes strong action against IUU fishing

 |  11:12 05/12/2025

(seafood.vasep.com.vn) Currently, Da Nang City has no fishing vessels detained, sanctioned by foreign authorities, or criminally prosecuted for IUU fishing violations. Patrols, monitoring of marine fishing activities, and handling of violations have been prioritized by competent forces, significantly reducing nearshore fishing infringements.

Vietnam’s tuna exports to Israel drop nearly 50% in the first 9 months of 2025

 |  09:13 04/12/2025

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam’s tuna exports to Israel in the first nine months of 2025 reached just over USD 27 million, down as much as 49% compared to the same period in 2024. This is a steep and prolonged decline for many consecutive months, reflecting changes in import demand as well as shifts in the supply structure of this market.

Vietnam exports first shipment of 700 tons of tilapia to Brazil

 |  09:42 02/12/2025

(seafood.vasep.com.vn) The first 700 tons of Vietnamese tilapia ordered and imported by JBS Group will initially be distributed through supermarket chains, the Horeca network and JBS’s product showrooms in Brazil.

Pangasius Exports in October 2025: Positive Growth Momentum Led by China's Recovery

 |  12:40 28/11/2025

(seafood.vasep.com.vn) In October 2025, Vietnam’s pangasius exports hit $217 million, representing an 8% increase compared to the same month in 2024. For the first 10 months of the year, total export value has surpassed $1.8 billion, up 9% year-on-year. This growth demonstrates clear positive momentum for the pangasius industry, despite continued declines in certain markets.

Appeal letter: Calling for Support to overcome the consequences of flooding in the central provinces

 |  10:39 27/11/2025

In recent days, the Central provinces of Vietnam have been suffering from historic flooding, with prolonged heavy rains, landslides, flash floods, and deep inundation causing extremely serious impacts on tens of thousands of households, as well as many VASEP member exporters located in the region. With the spirit of mutual support and solidarity, and in order to promptly assist residents and member exporters in the affected areas to stabilize their lives and restore production activities, VASEP calls on all seafood exporters, organizations, and individuals to extend supports to the people and member exporters in the flood-hit areas. We urge timely and practical material and spiritual contributions to help member exporters and local communities in the severely affected provinces overcome this difficult period.

Raw shrimp prices remain stable, slight declines in some sizes at the end of October 2025

 |  09:04 26/11/2025

(seafood.vasep.com.vn) In the final days of October 2025, Vietnam’s domestic raw shrimp market remained generally stable, though slight adjustments were recorded in several sizes across key farming regions.

Vietnam’s shrimp exports in October 2025 hit the highest level since the beginning of the year

 |  08:26 25/11/2025

(seafood.vasep.com.vn) Vietnam’s shrimp exports reached USD 498 million in October 2025, up 26% from the same period last year. This is one of the highest monthly revenues since the beginning of the year, reflecting solid demand in major markets and faster shipment schedules by exporters. From January to October, shrimp export value reached USD 3.9 billion, up 22% compared to the same period in 2024.

US temporarily suspends import ban on crab from Vietnam and three Asian countries

 |  09:03 24/11/2025

(seafood.vasep.com.vn) On October 31, 2025, the US Court of International Trade (CIT) officially issued an order to suspend the case filed by the National Fisheries Institute (NFI), the National Restaurant Association (NRA), and several US seafood companies against the US Government concerning the implementation of the Marine Mammal Protection Act (MMPA).

An Giang’s fisheries sector makes active contributions to the marine economy and international integration

 |  09:15 21/11/2025

(seafood.vasep.com.vn) An Giang’s fisheries sector has maintained stable growth momentum during the first nine months of 2025, making an important contribution to the province’s socio-economic development. Despite facing numerous challenges, the province is implementing various measures to enhance production efficiency, expand markets, and promote sustainable fisheries development toward deeper integration into the global economy.

Vietnam pangasius exports in September 2025: Driven by CPTPP markets and processed products

 |  11:24 19/11/2025

(seafood.vasep.com.vn) Vietnam’s pangasius export value in September 2025 reached USD 181 million, up 5% compared to the same period in 2024. The overall trend for the pangasius industry remains positive, with total exports in the first nine months of 2025 reaching nearly USD 1.6 billion, an increase of 9% year-on-year.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC